StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Economic Report - Essay Example

Comments (0) Cite this document
Summary
Insert name Insert name of the course instructor Insert name of the course Insert date assignment is due Economic performance of the four most recent US Presidents There have been raging debates about the real economic performance of presidents and how their political and economic policies affected both the micro and macro economic aspects of the US and the world…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
Economic Report
Read TextPreview

Extract of sample "Economic Report"

Download file to see previous pages Presidents’ economic performance based on the real Gross Domestic Products The two presidential terms, the first term of president Barrack Obama and the last term of President George W. Bush were characterized by the worst economic performance since World War II. The real Gross Domestic Product (GDP) grew by only 4% during the second term of President George W. Bush’s tenure, which was the weakest since World War II. During the first term of Obama’s tenure, the real GDP grew by 5.9%, the second weakest since World War II. According to NBER (National Bureau of economic research), the most recent recession began in 2007 and ended in 2009. NBER states that economic recession starts when growth is at the peak, and then the nation begins to experience slow economic activity. A recession comes to an end and economic expansion begins after the economic activities hit the economic trough and start to grow again. It can be concluded that the most recent economic growth was lowest during the last term of George W. Bush and started to peak during Barrack Obama’s first term. ...
W. Bush, and through superb economic policies, he managed to transform it into a surplus of 2.4% of the GDP in 2000. In addition, federal spending dropped from 22% of GDP in 1992 to 18.4% in 2000. It can be concluded that during Clinton’s era, the economy experienced the highest growth of GDP at 14% due to sound economic policies, low interest rates, and reduced spending that resulted in a relatively low deficient rate. However, some critics state that Bill Clinton’s economic policies encouraged subprime lending, housing bubble, and economic boom, which were instrumental in starting the great recession (Tanzi 58). George H. W. Bush can be remembered for spurring the economy that buoyed Clinton’s economic prosperity. He inherited from Reagan an economy that had started to enter the recession phase after experiencing a considerable economic prosperity. During his era, the GDP grew by 8.8%, which was a bit higher than those posted by Barrack Obama and George W. Bush. Although his presidency was marked by excessive spending on wars, such as the Gulf War, he managed to contain inflation and provided a good economic pathway for the prosperity of the economy during Bill Clinton’s era (Grabowski, Self, and Shields 71). Presidents’ economic performance based on civilian unemployment rate The United States of America has experienced eleven recessions since 1948. The federal and state governments have applied several measures to combat recession and minimize civilian unemployment through tax cuts and stimulus spending. In the early 1980s, the economy endured a recession, and the rate of unemployment was at double digits. The main reason was that the federal government was trying to minimize the inflation that was affecting ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economic Report Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Economic Report Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/macro-microeconomics/1468974-economic-report
(Economic Report Essay Example | Topics and Well Written Essays - 1500 Words)
Economic Report Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/macro-microeconomics/1468974-economic-report.
“Economic Report Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/macro-microeconomics/1468974-economic-report.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic Report

How Amazon Became One of Todays Major Online Retail Players

3 Pages(750 words)Essay

The Psychology of Marketing

8 Pages(2000 words)Essay

Argument

4 Pages(1000 words)Essay

Coca-cola in India

3 Pages(750 words)Essay

Infanticide and Female Genital Mutilation from the Point of View of a Cultural Relativist

2 Pages(500 words)Essay

Sociopathic Personality Disorder

1 Pages(250 words)Essay

Trifles ( A Play) by Susan Glaspell

2 Pages(500 words)Essay

Michelangelo

7 Pages(1750 words)Research Paper

Production system optimization

2 Pages(500 words)Coursework

Fashion marketing research

7 Pages(1750 words)Essay

Week 3 Reflection paper

1 Pages(250 words)Assignment

Economic Value Added as Tool for Improving Performances

To discover whether pure profits exist, take the revenue of the firm and deduct the costs of all factors of production other than capital. Then deduct the pure return on capital and any risk premium necessary to compensate the owners of capital for risks associated with its use. Anything that remains is pure profits.” Simply in economic terminology economic value added (EVA) is commercial profits reduced by opportunity costs (that is the pure return on riskless investment and the risk premium). Lipsey calls the EVA defined in this fashion as “pure profits, economic profits or, where there is no room for ambiguity, just profits”.

Investors in any company are interested in real profits that are profits r...
7 Pages(1750 words)Report

Gross Domestic Product and the Nations Competency in Terms of Economic Welfare

It is often used to compare the economic performance to aid as a prediction tool and to analyze the business cycles and the recessive and expansive economic performances within them. This further aid economic and fiscal policy formulation of the government and is also used to analyze the consumer behavior and the economic phenomena involved. (Heakal, R. 2008).These figures can be a benchmark to compare economies of different nations and the economic prediction process is also made possible.

A usual pattern of assessing the Gross Domestic Product is to have an initial GDP report on every quarter which is an advance report. Two corrective reports follow this before the final figures on GDP are arrived at. It usually takes...
7 Pages(1750 words)Report

Sexual Harassment in the Workplace

... is any unwelcome sexual advance, request for sexual favor or other verbal, non-verbal or physical conduct of a sexual nature which unreasonably interferes with work, is made a condition of employment, or creates an intimidating, hostile or offensive environment.” (Joshi & Nachison, 1996, p.3). The “victim” may be a man or a woman. The “victim” does not have to be of the opposite sex, nor does the “victim” have to be the person harassed, but someone nearby who was negatively affected by the behavior/ situation. The “harasser” may be the employee’s supervisor, other member of management, a co-worker, an agent of the employer, a vendor, or any other non-employee. Sexual Harassment may occur even though there is no economic injury (impact...
8 Pages(2000 words)Report

Critical Review of General Electric

...as good hedge against economic downturns. Investors who wanted to diversify their portfolio risks only need to buy G.E. stock to achieve that objective. Even today, G.E. is a potpourri or hodgepodge of individual business units that manufactures aircraft engines, health imaging devices and power generators. It is a multinational in the true sense of the word too. This shotgun approach to doing business has been under criticism lately because it had sometimes failed to produce the promised synergies between business units. Secondly, there is a revival in the management concept of core competencies. G.E. today is still a market leader in many industries it is in but that lack of a central focus has withered away its...
12 Pages(3000 words)Report
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Economic Report for FREE!

Contact Us